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CFO Mathew Faulkner (GTBIF) updates 57,694-share award filing

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4/A

Rhea-AI Filing Summary

FAULKNER Mathew reported acquisition or exercise transactions in this Form 4 filing.

Green Thumb Industries Inc. Chief Financial Officer Mathew Faulkner filed an amended insider report to correct the number of shares previously shown as granted. On April 1, 2026, he received a grant of 57,694 Subordinate Voting Shares at no cost, updating his direct holdings in this class to 471,694 shares. He also directly holds 1,814 Multiple Voting Shares. The amendment states the change fixes an administrative error in the original Form 4, with all other details unchanged.

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Insider FAULKNER Mathew
Role CHIEF FINANCIAL OFFICER
Type Security Shares Price Value
Grant/Award Subordinate Voting Shares 57,694 $0.00 --
holding Multiple Voting Shares -- -- --
Holdings After Transaction: Subordinate Voting Shares — 471,694 shares (Direct); Multiple Voting Shares — 1,814 shares (Direct)
Footnotes (1)
  1. [object Object]
Equity grant 57,694 Subordinate Voting Shares Grant to CFO on April 1, 2026
Grant price $0.00 per share Price reported for the 57,694-share award
Subordinate Voting holdings 471,694 shares Direct Subordinate Voting Shares after grant
Multiple Voting holdings 1,814 shares Direct Multiple Voting Shares reported as holding
Subordinate Voting Shares financial
"He received a grant of 57,694 Subordinate Voting Shares at no cost"
Subordinate voting shares are a type of company stock that typically carry fewer voting rights than regular shares, meaning holders have less influence over company decisions. They are often used to raise capital while allowing founders or main shareholders to retain control. For investors, understanding the difference helps assess their level of influence in company decisions and the potential risks or benefits of holding different types of shares.
Multiple Voting Shares financial
"He also directly holds 1,814 Multiple Voting Shares"
Shares that carry more votes per share than regular shares, giving their holders greater control over corporate decisions such as board elections and major strategic moves. For investors this matters because a small group holding multiple voting shares can steer the company’s direction irrespective of economic ownership, similar to a few people holding the keys to a car even if many others own parts of it, which affects governance risk and influence on value.
beneficially owned financial
"the amount of securities beneficially owned has been updated"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
Grant, award, or other acquisition financial
"transaction_code_description is listed as Grant, award, or other acquisition"
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
FAULKNER Mathew

(Last)(First)(Middle)
325 WEST HURON STREET
SUITE 700

(Street)
CHICAGO ILLINOIS 60654

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Green Thumb Industries Inc. [ GTII/GTBIF ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
CHIEF FINANCIAL OFFICER
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
04/01/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)
04/03/2026
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Subordinate Voting Shares04/01/2026A57,694(1)A$0471,694(1)D
Multiple Voting Shares1,814D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. This Form 4/A is being filed to correct an administrative error in the number of shares reported as acquired in the reporting person's Form 4 filed on April 3, 2026. The share amount acquired and the amount of securities beneficially owned has been updated to reflect the correct number of shares. All other information remains unchanged.
/s/ Kathryn A. Lloyd, Attorney-in-Fact04/13/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did GTBIF CFO Mathew Faulkner report?

Mathew Faulkner reported receiving a grant of 57,694 Subordinate Voting Shares. The shares were awarded on April 1, 2026 at no cost as part of his compensation, increasing his direct holdings in this class to 471,694 shares.

Why did Green Thumb Industries (GTBIF) file an amended Form 4?

The amended filing corrects an administrative error in the number of shares previously reported as acquired. It updates the grant amount and total beneficial ownership for Mathew Faulkner, while confirming that all other information in the earlier Form 4 remains unchanged.

How many Green Thumb Subordinate Voting Shares does the CFO now hold?

After the correction, Chief Financial Officer Mathew Faulkner directly holds 471,694 Subordinate Voting Shares. This figure reflects the properly recorded 57,694-share grant dated April 1, 2026 and replaces the earlier, incorrect share count reported in the prior Form 4.

Did the GTBIF CFO pay for the 57,694-share Subordinate Voting grant?

No, the 57,694 Subordinate Voting Shares were granted at a reported price of $0.00 per share. This indicates a compensation-related award rather than an open-market purchase, consistent with a typical equity incentive or bonus grant to an executive officer.

What Multiple Voting Shares does GTBIF’s CFO hold after this filing?

In addition to Subordinate Voting Shares, Mathew Faulkner is shown as directly holding 1,814 Multiple Voting Shares. This entry is reported as a holding line in the filing, providing an updated view of his total direct voting stake in the company’s capital structure.

Does the amended Form 4 for GTBIF indicate any share sales by the CFO?

The disclosure reflects an acquisition of 57,694 Subordinate Voting Shares via a grant and lists existing holdings. It does not report any open-market sales or dispositions by Chief Financial Officer Mathew Faulkner in connection with this corrected April 1, 2026 transaction.